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US EV sales in first half of 2019 climb nearly 12% on year: report

Highlights

June sales alone totaled more than 37,800 units

Tesla dominates the US EV market

Houston — Electric vehicle sales and deliveries in the US in the first half of 2019 totaled 148,704 units, an 11.7% increase over first-half 2018 sales, according to data provided by an EV industry publication that tracks EV monthly sales.

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The publication, InsideEVs, said that with a big sales number in June -- over 37,800 units -- the first half total eclipsed that of 2018. The year 2018 ultimately turned out to be a record sales year, with sales totaling 361,307 units. There is the expectation that the industry is on track to exceed those sales numbers in 2019.

As expected, in the first half of 2019, Tesla was far and away the dominant market leader in terms of EV sales.

The California-based company sold what InsideEVs estimated to be 67,650 units of its Tesla Model 3, which represented 48.4% of the EV sector's six-month sales total.

Additionally, Tesla sold approximately 9,000 of its Model X and 7,225 of its Model S, giving the company a three-model total of approximately 83,875, or 56.6% of the US market total, in the first half of the year.

The third and fourth top sellers of EVs, according to the data, were Toyota's Prius Prime, which sold 8,605 units, and Chevrolet, which sold 8,281 units of its Bolt EV.

"Chevrolet was in a unique situation entering the second quarter of 2019," said InsideEVs Editor-in-Chief Eric Loveday in an assessment of the data. "Since April 1st, General Motors buyers have only had access to 50% of the federal EV tax credit. This dropped the available incentive for Chevy EVs from $7,500 to $3,750."

"April, May and June certainly were nothing to write home about since many sales were likely pulled forward into Q4 2018 and Q1 2019. Still, this quarter [Q2 2019] the Chevy Bolt EV outperformed our expectations. We consider that a win, even if it did not blow away numbers from Q2 2018," Loveday said.

TESLA HAS BIG JUNE AND Q2 2019 SALES

US sales of 37,818 units in June made the month the fourth ranked in terms of EV sales in a given month.

The current top three months by sales volume came at the end of 2018, with 49,900 units sold in December, 44,544 sold in September 2018, and 42,588 sold in November 2018. Ranked fifth was August 2018, with 36,347 units sold.

Tesla's sales of all three types of its EVs in June came to 25,700 units, out of the 37,818 EV industry total.

Tesla's big sales push in June of its Model 3 helped lead it to a second-quarter sales total of almost 54,000 units.

"In the first quarter of 2019, Tesla focused its efforts on global deliveries, though this quarter, it's clear that the focus shifted back to ramping up domestic production and sales," said Loveday. "All in all, Tesla produced and delivered more cars in Q2 2019 than it ever has in its history."

DATA BEHIND EV SALES BY STATE IN 2018

EVAdoption, another industry web-based publication, has posted 2018 total sales by state and the EV market share as a percent of total light vehicles sold within each state and Washington, DC.

The data shows that in 2018, EV sales in California totaled over 153,000 units, and represented roughly 7.84% of the auto sales market in the state.

Ranked second was New York with 15,752 units sold. That came to 1.56% of the state's auto market.

The state of Washington was ranked third and Florida fourth, with sales of 7,068 and 6,573 respectively, according to the data. Washington's sales were 4.28% of the state's auto market, while sales in Florida were 1.03% of the total auto market in that state.

Ranked fifth was Texas, with sales in 2018 of 5,419 EVs, which was 0.78% of its total auto market, with New Jersey ranked sixth with just over 5,000 units sold, which was 1.59% of the state's total light vehicle market.

Ranked seventh and eighth were Massachusetts and Colorado, which had similar numbers: 4,632 and 4,156 units sold and 2.53% and 2.61% market shares, respectively.

Ninth and tenth were Oregon and Illinois. Oregon saw sales of EVs in 2018 total 3,988, slightly more than sales in Illinois of 3,812 units. The percentage of EV sales of all light vehicle sales in Oregon was 3.41%, while in Illinois it came to 1.2%.

EVAdoption has projected sales in California in 2019 to reach 175,000 units, and 8.9% of total market sales.

It has also projected California EV sales reaching 350,000 units in 2022, with a market share of 17.5%.

-- Jeffrey Ryser, jeffrey.ryser@spglobal.com

-- Edited by Rocco Canonica, newsdesk@spglobal.com

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